I don't need to tell you how vulnerable that is to snooping by all the ISPs and relays, or any thief in between. I don't have any stats on it, but I bet it's a significant cause of fraud.
I rate this about the same as companies that get credit card information from people talking on mobile and/or cordless phones...
They are both prone to interception as email is, but how many details are transferred by this method, either spoken or typed into a keypad...
Surely any form of encryption is better then in the clear?
-- Best regards, Duane
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